$BTC on the 5D chart I like that the momentum is getting st | Most Boring Strategy a Binance Square-en

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$BTC  on the 5D chart I like that the momentum is getting stronger. It seems as price is starting to form a support at $58K. This can break down, but it sure looks like someting good is brewing. Let's see.

Felelősségkorlátozó nyilatkozat: Harmadik felek véleményét tartalmazza. Nem minősül pénzügyi tanácsnak. Szponzorált elemet tartalmazhat. Lásd a Feltételeket.

BTC

57 981,1

-0.61%

276

0

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$BTC getting ready to buy again? What do you think? Are we there?

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$BTC a little more detail to how my strategy work. I look for weakness and strength in the price action. That's a combination of momentum and volume. Look at the green and the red vertical lines. They signify enter and exit. Many times a price increases without commitment - that's where I'm out. It shows weakness. Other times I see the price is dropping but with weakness and that's where I'm preparing to enter. I hope this makes sense else ask your questions here.

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$BTC as predicted (easy though) we had the retrace yesterday. Uptrend is still intact. Now we look for momentum to increase along with the volume. For this I'm looking at the 4H. We need to see the blue lines cross up the purple lines. This signifies that momentum is increasing. Also the volume must follow (commitment). We will aim for a struggle at $65K and then $67K.

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$BTC soon there will be a reaction. What do you think will happen? If price increases with less momentum then there is a chance the bullishness vanishes. As of now, everything is fine. Retraces are welcome as long as they are followed with strong momentum upwards.

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$BTC Notice this: 36.07 % to $100,000. If you want to get rich...then this is maybe not the coin to hunt... 🤔 Price Progress as of now: [▓▓▓▓▓▓▓▓▓▓▓▓░░░░░░░░] 63934/100000 #BTC #crypto

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